Archive | Forex Info

Here you will find Forex tips and tricks with all information you need. All beginners information included and all about Forex. Basically everything you need to know how to survive in the Forex world!

metratrader 4 mt4 forex trading platform best most used

MetaTrader 4

MetaTrader 4 (MT4) is the most popular and most widely used trading platform for trading on the currency markets. It was introduced in 2005 and since then it has been constantly improved by pioneers in the development of trading platforms, MetaQuotes Softwares Corp. Terminal is one of the most reliable in the industry and is […]

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technical analysis forex trading mt4 ea

Technical analysis

Technical analysis is a method, that attempts to predict the most probable direction of movement of prices in the future based on past market data, among which the most important role plays the price of a financial instrument and circulation during period. The main advantage of technical analysis is that is simple to use in […]

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cup and handle pattern forex trading

The cup and handle pattern

Cup and handle pattern is a bullish pattern, that marks the consolidation phase, followed by breakthrough. Components of cup and handle pattern The current trend: ideally is presented a few months trend, which is not yet fully developed. The more the trend is developed, the lower is probability that the cup and handle pattern points […]

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support and resistance levels level forex trading trends

Support and resistance levels

The terms support and resistance levels are synonymous with supply and demand. Support level is formed at the price, at which there is sufficient demand to halt the decline in prices. Resistance level is formed at the price, at which there are a lot of sellers, who prevent rising prices above resistance level. In case […]

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trends forex trading trend

Trends

Technical analysis is built on the premise that prices move in trends. The financial implication of this concept is essentially no different from the general definition – the trend is none other than a direction in which market moves. Trends can be divided on the basis of different directions of movement: Upward trend consists of a […]

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OHLC chart

OHLC chart is one of the most used ways of displaying price movements of financial instruments. OHLC means one of the shown events: O – open, H – high, L – low, C – close. The vertical line represents a unit of time (eg. day), two small lines on the left and right represent the […]

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line chart graph forex technical analysis

Line chart

Line chart is one of the simplest methods of graphical presentation of changes in value of financial instruments. The line chart consists of the last price at which the security was traded (closing price) on a given trading day. Final price should have, according to some analysts greater predictive value. The biggest advantage of a regular graph […]

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japanese candlesticks chart graph basics forex

Japanese candlesticks

This method of studying price moments originated in Japan and in recent years greatly gaining in use. Similar to OHLC charts, here are also captured data on highest and lowest rates, only display mode is slightly different. Despite the fact that in theory does not present us any more information from the bar chart, the […]

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triple tops and bottoms forex basic patterns pattern

Triple tops and bottoms

Triple tops and bottoms are the version of the head and shoulders pattern, but it occurs much less frequently. Technical analysts often disagree on whether it is a head and shoulders pattern or it is the triple tops and bottoms pattern, which is actually irrelevant, because the effects of these two patterns are the same. […]

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double tops and bottoms pattern forex

Double tops and bottoms

When you see the formation of W or M pattern, pay attention, because it may represent a trend reversal. See here info about the pattern called double tops and bottoms. Pattern with double bottom A pattern with double bottom is a small peak, surrounded by two bottoms. Using a pattern of double bottoms Purchase opportunity […]

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